Dell beats forecasts, boosting stock despite loss in profits — The company reported revenue of $12.9 billion net income of $472 million, 24 cents a share, a 23 percent decline from last year’s $616 million net from $16.4 billion in revenue. That’s 28 cents per share excluding costs associated with an in-process restructuring. Analysts had forecast $12.6B revenue and 23 cents per share earnings. Dell’s stock price jumped to $15.65 just before the close of trading, a 7 percent surge. The New York Times reports that analysts expect an upswing in corporate spending on Dell computers as the economy gradually recovers and aging equipment gets in the way of worker productivity and cost-effective IT.
Is the iPhone app market worth $2.4 billion a year? I read the same AdMob report as Om Malik, but Om homed in on the craziest biggest number in the thing: AdMob claims that the iPhone App Store is selling apps at a rate of $2.4 billion a year. Why didn’t I run that number? I guess because I don’t believe it
Is the iPhone app market worth $2.4 billion a year? I read the same AdMob report as Om Malik, but Om homed in on the craziest biggest number in the thing: AdMob claims that the iPhone App Store is selling apps at a rate of $2.4 billion a year. Why didn’t I run that number? I guess because I don’t believe it
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